About Us
BNK Petroleum, Inc. has for the last 20 months looked at over 20 basins in 9 countries in both Eastern and Western Europe for shale gas potential. In June of 2009 BNK was awarded it's first European concessions for shale gas, which were in Poland. In October of 2009 and again in December of 2009 BNK was awarded 3 additional European concessions for shale gas in currently undisclosed locations. BNK believes it is one of the early companies to pursue shale gas land acquisitions in Europe and hopes to have additional concessions awarded to it in multiple European basins by the end of 2009. This strategic focus provides for a stable production platform from its U.S. operations and the potential for large future growth from both it's European projects and U.S. projects. BNK Petroleum, Inc. has projects in the U.S. concentrated in Oklahoma, Alabama, Mississippi, Texas and New York, four distinct basins considered to be of high potential for natural gas. In the U.S. the Company is primarily focused on further development from it's Tishomingo Field in the Ardmore basin of Oklahoma, it is in this field where BNK has drilled 26 wells and participated in another 14 wells all targeting the Woodford shale. The expert technical team at BNK Petroleum, Inc. remains focused on the continued development of existing properties in concentrated geographic areas, advantageous acquisitions in undeveloped reserves, and additional potentially significant exploration projects. Exploration for and development of petroleum and natural gas resources requires specialized skills and knowledge in the areas of petroleum engineering, geophysics, geology and land title management. BNK Petroleum, Inc. has a team of experienced professionals who all bring something significant to the quality of the Company’s level of productivity, expertise, and service. While the current labor market in the industry is highly competitive, BNK Petroleum, Inc. continues to attract and retain the most talented professionals by creating a workplace filled with both opportunity and reward. BNK Petroleum, Inc. operates in the United States under its wholly-owned subsidiary BNK Petroleum (US) Inc. and holds it's concessions in Poland under its partially owned subsidiary Saponis, Investments Sp. Z.o.o. The Company's shares are traded on the Toronto Stock Exchange (TSX) under the stock symbol BKX.
|
|
|||||||
|
||||||||